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The Indicator from Planet Money

Taxing the final frontier

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 29 April 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Launches by commercial space companies are becoming more frequent. Last year, the Federal Aviation Administration licensed 117, an all-time high. But these spaceflight companies aren't paying for all of the FAA's services that they use.

Today, we explore why the government is looking to change that and dig into the larger debate over whether human activity in space is a public or private project.

Related episodes:
Economics in space
Planet Money goes to space
Space economics

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Transcript

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0:00.0

NPR.

0:03.0

In In the In 1969, Michael Huerta was one of the tens of millions of Americans watching the Apollo

0:18.0

11 Moon Landing on TV.

0:20.6

He was a teenager then and he was transfixed.

0:24.0

Man on the moon.

0:26.0

We copy it down, Eagle.

0:29.0

Almost 50 years later, Michael was at Cape Canaveral for another historic moment.

0:33.0

The company SpaceX launched a rocket and successfully landed the booster on a

0:37.8

barge off the coast of Florida.

0:39.6

It was one of the most exciting things I've ever seen.

0:42.7

What do you think your teenage self who watched the moon landing on TV

0:45.9

would think about their future grown-up self

0:49.0

getting to watch a rocket Lodge in person.

0:53.0

I grew up in inland Southern California in a family that didn't have a lot of money

0:59.0

and I never dreamed that I would have any role to play in that industry.

1:05.0

A role to play.

1:07.0

Because Michael wasn't just a curious bystander for the SpaceX launch.

1:11.0

At the time, he was the head of the Federal Aviation Administration.

1:15.2

And he saw new companies like SpaceX grow into big players

1:18.5

that consumed an increasing share of FAA resources.

1:23.7

Now Michael thinks those companies should bear more of the costs of using the country's

1:28.0

airspace, and the Biden administration is listening.

...

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